What is Carlos Slim Helu’s Net Worth?
Carlos Slim Helu was born to five other siblings in Mexico City, Mexico on January 28, 1940.
Carlos’ father, a successful businessman, had taught his children business skills at an early age. He had invested in shares of a national bank when he was just 12 years old.
Carlos worked for his father until he died in 1953.
He studied civil engineering at the National Autonomous University of Mexico. He was also a teacher of algebra and linear programming while at school, but he went straight into the business world after graduating.
Carlos Slim Helu’s net wealth is $52.1 billion in 2021. He is one of the most wealthy people in history.
Carlos started his business after receiving extensive business training from his father. He began investing in individual businesses and by 1965, his business had grown enough to allow him to incorporate other companies or even purchase them all.
He did invest in many different types of businesses but he concentrated on construction, mining, and real estate. His net worth was around $40 million by 1966.
He continued to invest his money and in 1980, he had united his shares into a parent firm called “Grupo Galas”. This was after the oil prices plummeted dramatically which led to severe economic problems for Mexico.
He was able to increase his share and invest in international companies. Soon, he had a half-share in The Hershey Company.
He continued to expand his control over the telephone communication companies in the hope of soon purchasing the Mexican phone company Telmex from the government. He quickly developed a US version for ‘Telmex’ after acquiring the company. He also purchased a stake at the US mobile company, Tracfone.
After undergoing heart surgery, he decided to pass some of his work on to his family and to stop working in the business.
Carlos invested in many of the largest companies around the globe in 2000, including “The New York Times Company”, “Volaris,” “Saks Fifth Avenue” and Telekom Austria.
Carlos Slim Helu was the largest individual shareholder of ‘The New York Times Company’ by January 2015.
These are the top highlights from Carlos Slim Helu’s career:
- Latin Trade Magazine, CEO of the Year, 2003
- Latin Trade Magazine, CEO of the Decade, 2004
- Mexico’s Chamber of Commerce, Entrepreneurial Merit Medal of Honor, 1985
- Hispanic Society of America, Sorolla Medal, 2011
Three Rules For Success From Carlos Slim Helu
Now that you’re familiar with Carlos Slim Helu and his net worth, let’s look at some success lessons we can take from him.
1. Material items don’t equal happiness
Happiness is not dependent on material possessions. The most important and valuable things in life, often, are love, kindness and honor.
2. Live in the present
Don’t let past mistakes ruin your future. Be fearless and live each moment to the fullest.
3. Embrace your achievements
Do not be afraid to celebrate your achievements and show pride. You are worthy to be proud of yourself and your accomplishments.
Favorite Quotes From Carlos Slim Helu
You can live the present fully and intensely. Don’t let the past become a burden. Let the future motivate you. Every person is responsible for his or her destiny.
If you know how to work and have all the tools necessary to do so, it is a great time.
Avoiding preoccupation and problems can lead to a loss of self-control. Problems disappear when we confront them.
It is important to provide a better life for your children. However, it is also important to provide better children for your country.